Thomas Sowell Quotes about Home

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Whether Barack Obama is simply incompetent as president or has some hidden agenda to undermine this country, at home and abroad, he has nearly everything he needs to ruin America, including a fool for a vice president

Whether Barack Obama is simply incompetent as president or has some hidden agenda to undermine this country, at home and abroad, he has nearly everything he needs to ruin America, including a fool for a vice president

Thomas Sowell

Country, Home, America

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

Thomas Sowell

Wall, Home, Heart

Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.42, ReadHowYouWant.com

In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.

Thomas Sowell

Home, California, People

Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.30, ReadHowYouWant.com

With various people complaining about "price gouging?... economist Walter Williams has coined a new term: "Tax gouging." But government is never accused of either "greed" or "gouging" ? not even when they bulldoze people's homes in order to turn.

Thomas Sowell

Home, Government, Order

Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.

Thomas Sowell

Home, Government, Holy Grail

Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.44, ReadHowYouWant.com